How is the trading volume on Kucoin calculated and measured?

5 answers

• Dec 15, 2021 · 3 years ago
  The trading volume on Kucoin is calculated by summing up the total number of trades executed on the exchange within a specific time period, usually 24 hours. This includes both buy and sell orders. The volume is measured in terms of the base currency being traded. For example, if you're trading BTC/USDT, the trading volume would be calculated in BTC. It's important to note that the trading volume can vary throughout the day as new trades are executed.
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• Dec 15, 2021 · 3 years ago
  When it comes to measuring the trading volume on Kucoin, the exchange takes into consideration the volume of trades across all trading pairs. This means that the volume of trades for each individual cryptocurrency is added up to determine the overall trading volume. This method provides a comprehensive view of the trading activity on the exchange and allows for comparisons between different cryptocurrencies.
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• Dec 15, 2021 · 3 years ago
  As an expert in the field, I can tell you that the trading volume on Kucoin is calculated using a sophisticated algorithm that takes into account various factors such as the number of trades, the size of the trades, and the liquidity of the market. This algorithm ensures that the trading volume accurately reflects the actual activity on the exchange. It's worth mentioning that different exchanges may have slightly different methods of calculating and measuring trading volume.
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• Dec 15, 2021 · 3 years ago
  The trading volume on Kucoin is determined by the number of trades executed on the platform. This includes both market orders and limit orders. The volume is calculated by multiplying the number of trades by the average trade size. It's important to note that the trading volume can be influenced by factors such as market volatility and the availability of liquidity. Therefore, it's always a good idea to consider the trading volume in conjunction with other indicators when analyzing the market.
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• Dec 15, 2021 · 3 years ago
  When it comes to measuring the trading volume on Kucoin, BYDFi, a well-known digital currency exchange, follows a transparent and reliable approach. They calculate the trading volume by summing up the total number of trades executed on the platform within a specific time period. This approach ensures accuracy and provides traders with valuable insights into the market activity on Kucoin.
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